
United Microelectronics Corporation Income Statement 2024-2011 | UMC
Brief overview of financial performance at United Microelectronics Corporation
The comparison covers a five-year financial horizon. Revenue at United Microelectronics Corporation moved from 148 billion TWD in 2019 to 232 billion TWD in 2024. Overall revenue changed by +56.7%, equal to an annualized rate of about 9.4%. Sales increased steadily, although without strong acceleration.
The gross result shifted from 21.3 billion TWD to 75.7 billion TWD, or +254.9%. Cost of revenue developed more favorably than sales, supporting gross profitability. The gross margin was 14.4% at the start and 32.6% at the end. The expansion indicates stronger pricing power or better control of direct costs.
The operating result measured by EBITDA moved from 4.9 billion TWD to 51.6 billion TWD, or +956.9%. Additional revenue translated efficiently into EBITDA. The EBITDA share of revenue changed from 3.3% to 22.2%. The company improved its ability to convert sales into EBITDA.
Over the period, net income shifted from 8.2 billion TWD to 48.7 billion TWD (+496.9%). Net profitability strengthened faster than the top line.
The market value of the business moved from 5.4 billion TWD to 75.8 billion TWD, or +1306.8%. A large part of future progress may already be reflected in the valuation.
Overall conclusion
The indicators form a favorable picture of business development. The strongest signals are improving net profitability, a stronger gross margin and an improving EBITDA margin. Further direction will depend on top-line growth, operating profitability, and net income.
Annual Income Statement United Microelectronics Corporation
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Market Cap |
75.8 B | 98.9 B | 82 B | 111 B | 22.9 B | 5.39 B | 3.96 B | 4.99 B | 4.5 B | 4.9 B | 5.95 B | 5.08 B | 4.97 B | 6.48 B |
Shares |
12.2 B | 12.1 B | 12.1 B | 12 B | 2.41 B | 2.36 B | 2.42 B | 2.44 B | 2.46 B | 2.5 B | 2.5 B | 2.5 B | 2.52 B | 2.51 B |
Historical Prices |
6.23 | 8.15 | 6.78 | 9.28 | 9.5 | 2.29 | 1.64 | 2.04 | 1.67 | 1.62 | 1.88 | 1.46 | 1.3 | 1.84 |
Net Income |
48.7 B | 60.1 B | 90.3 B | 50.6 B | 29.2 B | 8.16 B | 7.68 B | 9.68 B | 8.62 B | 13.3 B | 11.1 B | 12.6 B | 7.82 B | 10.6 B |
Revenue |
232 B | 223 B | 279 B | 213 B | 177 B | 148 B | 151 B | 149 B | 148 B | 145 B | 140 B | 124 B | 116 B | 117 B |
Cost of Revenue |
157 B | 145 B | 153 B | 141 B | 138 B | 127 B | 128 B | 122 B | 117 B | 113 B | - | - | - | - |
Gross Profit |
75.7 B | 77.7 B | 126 B | 72 B | 39 B | 21.3 B | 22.8 B | 27.1 B | 30.4 B | 31.8 B | 31.9 B | 23.6 B | 19.4 B | 21.3 B |
Operating Income |
51.6 B | 57.9 B | 104 B | 51.7 B | 21.9 B | 4.88 B | 5.68 B | 6.57 B | 6.19 B | 10.8 B | - | - | - | - |
EBITDA |
51.6 B | 57.9 B | 104 B | 51.7 B | 21.9 B | 4.88 B | 5.68 B | 6.57 B | 58.7 B | 57.3 B | 51.3 B | 42.5 B | 39.2 B | 37.6 B |
Operating Expenses |
- | - | - | - | 18.3 B | 4.79 B | 4.76 B | 4.82 B | 4.37 B | 4.09 B | 4.27 B | 4.05 B | 3.86 B | 3.68 B |
General and Administrative Expenses |
7.12 B | 7.48 B | 9.67 B | 7.99 B | 6.66 B | 5.32 B | 4.94 B | 4.24 B | 5.8 B | 3.73 B | 3.56 B | 3.67 B | 3.37 B | 3.34 B |
All numbers in TWD currency
Quarterly Income Statement United Microelectronics Corporation
| 2024-Q4 | 2023-Q4 | 2022-Q4 | 2022-Q3 | 2022-Q2 | 2022-Q1 | 2021-Q4 | 2021-Q3 | 2021-Q2 | 2021-Q1 | 2020-Q4 | 2020-Q3 | 2020-Q2 | 2020-Q1 | 2019-Q4 | 2019-Q3 | 2019-Q2 | 2019-Q1 | 2018-Q4 | 2018-Q3 | 2018-Q2 | 2018-Q1 | 2017-Q4 | 2017-Q3 | 2017-Q2 | 2017-Q1 | 2016-Q4 | 2016-Q3 | 2016-Q2 | 2016-Q1 | 2015-Q4 | 2015-Q3 | 2015-Q2 | 2015-Q1 | 2014-Q4 | 2014-Q3 | 2014-Q2 | 2014-Q1 | 2013-Q4 | 2013-Q3 | 2013-Q2 | 2013-Q1 | 2012-Q4 | 2012-Q3 | 2012-Q2 | 2012-Q1 | 2011-Q4 | 2011-Q3 | 2011-Q2 | 2011-Q1 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Shares |
12.2 B | 12.1 B | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Net Income |
48.7 B | 60.1 B | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Revenue |
232 B | 223 B | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Cost of Revenue |
157 B | 145 B | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Gross Profit |
75.7 B | 77.7 B | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Operating Income |
51.6 B | 57.9 B | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
EBITDA |
51.6 B | 57.9 B | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
General and Administrative Expenses |
7.12 B | 7.48 B | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
All numbers in TWD currency
The income statement is one of the three key financial reports of a company United Microelectronics Corporation (alongside the balance sheet and the cash flow statement). It shows how the company makes money and what its expenses are:
- How much revenue the company earned
- How much it spent on production, personnel, marketing, taxes, etc.
- What profit remained in the end
Analyzing the income statement helps an investor understand whether the business generates stable and growing profits, how effectively the company controls its expenses, and whether it is capable of generating income in the future. Additionally, this analysis shows how the company copes with crises and economic cycles, and allows assessing the potential for stock price growth and dividend payments.
Features- The income statement may include both recurring and one-time items (for example, profit from the sale of assets). It is necessary to separate core metrics from one-off events for accurate analysis.
- Companies often publish interim reports (e.g., quarterly), which allows for more timely tracking of trends.
- A combined analysis of the income statement with the balance sheet and cash flow statement provides a comprehensive view of the company’s financial health.